Buyers have more tools than ever to get the right vehicle at the right price. Here's what to know.
A prospective buyer examines a 2025 Cooper S hardtop on display on the showroom floor of a Mini dealership Monday, July 22, 2024, in Highlands Ranch, Colo.ar buyers have more tools than ever to get the right vehicle at the right price. Still, mistakes can happen quite easily. Often, car buyers get blinded by emotion or rushed timing. Edmunds’ experts reveal the five biggest mistakes car shoppers often make and offer tips to avoid them.
If, for example, you are $5,000 upside down on your current vehicle and decide to trade in this car and buy a new one, you will have to pay the price of the new car plus the $5,000 you owe on the current car. Your monthly payments will be much higher because you’re rolling over what you owe on your old car to the loan on your new one.
There will be new and unfamiliar automotive features and technologies worth knowing about, especially if it’s been a while since you bought a new car. If you take your time, you’ll also be able to get several quotes before you commit to a deal and have time for a vehicle inspection if it’s a used car.
Dealers are in the habit of competing with one another, so be sure they’re doing so to your advantage. Be transparent about your shopping, and share quotes with dealers so they know you’re serious.Some shoppers will be overwhelmed by a salesperson throwing around lots of numbers including the asking price, trade-in value for your car, cash down and monthly payment.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Five common food, shoe and travel mistakes A&E doctor 'would never do'Arthur Joustra has listed the five things he always avoids because they cause so many illnesses and injuries
Read more »
Biggest mistakes made when cooking mushrooms, according to top chefTV chef Clodagh McKenna explained the best way to cook your mushrooms - and how you are more than likely preparing them all wrong
Read more »
TV chef shares the biggest mistakes people make when cooking with mushroomsThis Morning chef Clodagh McKenna has been cooking for more than 20 years - and says there are some very common mistakes people make when it comes to mushrooms
Read more »
Cleaner shares biggest mistakes when mopping floors that leaves them 'sticky'Lynsey Crombie, also known as the Queen of Clean, has shared the four biggest mistakes people make when cleaning their floors that can leave them sticky and dirty
Read more »
Stonehenge's biggest remaining mysteries: The five key unanswered questions about the prehistoric...A group of people at UCL attempt to drag a one tonne concrete block to see how many people it would've taken to have built Stonehenge
Read more »
Stonehenge's biggest remaining mysteries: The five key unanswered questions about the prehistoric...A group of people at UCL attempt to drag a one tonne concrete block to see how many people it would've taken to have built Stonehenge
Read more »